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coinpedia 2023-12-12 05:04:32

Cracking Down on Crypto: Elizabeth Warren Leads Senators in Push for Stricter Cryptocurrency Regulation

The post Cracking Down on Crypto: Elizabeth Warren Leads Senators in Push for Stricter Cryptocurrency Regulation appeared first on Coinpedia Fintech News Senator Elizabeth Warren and five fellow senators are backing the “Digital Asset Anti-Money Laundering Act,” aiming to tighten rules for cryptocurrency use in illicit finance. The bill, critiqued by the crypto industry, extends financial regulations to miners, validators, and wallet providers under the Bank Secrecy Act. Three new sponsors, Senators Warnock, Butler, and Van Hollen, …

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